BioCatch Appoints Bill Sytsma as Chief Revenue Officer

With two decades of software and security sales and management
experience, Sytsma will be responsible for scaling the company’s
business globally to meet its ambitious plans for growth

NEW YORK–(BUSINESS WIRE)–BioCatch,
the global leader in AI-driven behavioral biometrics, today announced
that Bill Sytsma has joined the company as Chief Revenue Officer. Sytsma
will be responsible for leading the company’s global sales and
professional services team and delivering on an ambitious plan for
growth.

Sytsma brings more than 20 years of experience in the software and
security industry to his new role. Most recently, he served as Vice
President of Americas Sales, Financial Services at ThreatMetrix. Over
his six-year tenure there, he established the company’s financial
services vertical, then assumed responsibility for its Americas sales
organization. Earlier, Sytsma had been Head of Global Sales for the
Software Group at Emulex, a provider of connectivity, monitoring and
management solutions for high-performance networks. He also held senior
sales roles at software companies including iPass, Aveksa, Lumigent
Technologies and EMC.

“Our industry-leading behavioral biometrics solution protects banks and
other financial institutions, their clients and their assets, from
online fraud,” said Howard Edelstein, Chairman & CEO of BioCatch. “As we
accelerate our plans for growth, Bill is the ideal person to lead the
effort. He has vast experience as well as a proven ability to scale
global sales efforts, secure new client relationships and drive revenue,
exactly what is needed to enhance the results generated by our seasoned
and talented team to date.“

The addition of Sytsma rounds out the BioCatch management team. Last
year, Gadi Mazor was named COO and Paul Mattison was named CFO. With
these recent additions, BioCatch has a talented and experienced
management team committed to continuing to scale and grow its business.

BioCatch already counts among its clients four of the top five U.K.
banks, two of the top five Brazilian banks and a top three U.S. bank,
supporting a full range of use cases including identity proofing, user
authentication, preventing account takeover fraud and detecting vishing
scams. Running continuously throughout the online session while
invisible to the user, BioCatch’s technology allows for secure and
seamless online experiences that traditional authentication solutions
are not equipped to provide.

“I am very excited to be joining BioCatch,” Sytsma said. “With a great
team of people, its patented AI-driven technology, and superb data
scientists, BioCatch is extremely well-positioned to help define next
generation digital identity and continue its strong growth.”

About BioCatch

BioCatch is a digital identity company that delivers AI-driven
behavioral biometrics, analyzing human-device interactions to protect
users and data. Banks and other enterprises use BioCatch to
significantly reduce online fraud and better manage online identity
verification, without compromising the user experience. With an
unparalleled patent portfolio and deployments at major financial
institutions and global enterprises around the world that cover 90
million users to date, BioCatch has established itself as the industry
leader. For more information, please visit www.biocatch.com.